According to the public record, 6, Victoria Street, Hebburn is a period leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Victoria Street, Hebburn, NE31 is located in the borough of South Tyneside within the NE31 postal district.
6, Victoria Street, Hebburn has 51 entries in the Land Registry database, most recently in February 2016 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Victoria Street Hebburn as £65,833 and the rental value as £505 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of 6 Victoria Street Hebburn has increased by £2,399 (3.6%) and its rental value has increased by £50 per month (9.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 6, Victoria Street, Hebburn is in very good condition we estimate a sale value of £69,125 and rental value of £531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,225 and a rental value of £470 per month.
If you were able to purchase this property for the estimated value of £65,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £324 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 6, Victoria Street, Hebburn was last sold on 15 Feb 2016 for £46,250 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2016, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Victoria Street, Hebburn within a radius of 690 metres over the last 2 years.
The most recent example is 18, Victoria Street, Hebburn, NE31 1DY, a Leasehold flat which sold for £72,000 in May 2024.
Read more about house prices in NE31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Street, Hebburn, NE31 has a total of 29 addresses. According to our analysis of all the public data, 6, Victoria Street, Hebburn is the 11th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in NE31.
6, Victoria Street, Hebburn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 6, Victoria Street, Hebburn is Heworth station which is 3.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Victoria Street, Hebburn, 50.9% of property is privately owned with a mortgage and 25.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 6, Victoria Street, Hebburn, 18.9% of residents are recorded as possessing school level qualifications and 30.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6, Victoria Street, Hebburn, the average age was 41.3 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 6, Victoria Street, Hebburn, 1.3% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 6, Victoria Street, Hebburn, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.